Q1 EPS Estimate for New Mountain Finance Lowered by Analyst

New Mountain Finance Co. (NASDAQ:NMFC) – B. Riley dropped their Q1 2025 earnings estimates for New Mountain Finance in a report released on Friday, November 1st. B. Riley analyst B. Rowe now anticipates that the company will post earnings per share of $0.32 for the quarter, down from their prior estimate of $0.34. The consensus estimate for New Mountain Finance’s current full-year earnings is $1.41 per share. B. Riley also issued estimates for New Mountain Finance’s Q2 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS and FY2025 earnings at $1.29 EPS.

New Mountain Finance (NASDAQ:NMFC) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The company had revenue of $95.33 million during the quarter, compared to analysts’ expectations of $94.10 million. New Mountain Finance had a return on equity of 11.25% and a net margin of 30.28%. The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 EPS.

Separately, Wells Fargo & Company cut their price objective on shares of New Mountain Finance from $12.00 to $11.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 29th.

New Mountain Finance Trading Down 2.7 %

NASDAQ NMFC opened at $10.80 on Monday. The stock has a market cap of $1.16 billion, a P/E ratio of 10.29 and a beta of 1.15. New Mountain Finance has a 12-month low of $10.76 and a 12-month high of $13.23. The company has a fifty day simple moving average of $11.85 and a two-hundred day simple moving average of $12.21. The company has a current ratio of 2.23, a quick ratio of 1.75 and a debt-to-equity ratio of 1.46.

Institutional Trading of New Mountain Finance

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oak Family Advisors LLC grew its position in New Mountain Finance by 0.7% during the second quarter. Oak Family Advisors LLC now owns 150,384 shares of the company’s stock valued at $1,841,000 after buying an additional 1,020 shares during the period. Quarry LP lifted its holdings in New Mountain Finance by 68.3% during the second quarter. Quarry LP now owns 3,307 shares of the company’s stock valued at $40,000 after purchasing an additional 1,342 shares in the last quarter. ProShare Advisors LLC lifted its holdings in New Mountain Finance by 16.0% during the first quarter. ProShare Advisors LLC now owns 13,035 shares of the company’s stock valued at $165,000 after purchasing an additional 1,800 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in New Mountain Finance by 0.7% during the third quarter. Lindbrook Capital LLC now owns 325,365 shares of the company’s stock valued at $3,898,000 after purchasing an additional 2,389 shares in the last quarter. Finally, Stephens Inc. AR lifted its holdings in New Mountain Finance by 10.9% during the third quarter. Stephens Inc. AR now owns 25,500 shares of the company’s stock valued at $305,000 after purchasing an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 32.08% of the company’s stock.

New Mountain Finance Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be paid a $0.33 dividend. The ex-dividend date is Tuesday, December 17th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 12.22%. This is a positive change from New Mountain Finance’s previous quarterly dividend of $0.32. New Mountain Finance’s dividend payout ratio is presently 121.91%.

About New Mountain Finance

New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities.